Big news! On October 7th, Brillion is updating the platform’s native token. $BRLN will replace $DUA and will become the official token for all things Brillion.
We’re excited to step into this new phase of development of the Brillion wallet. The $BRLN token will be the way for you to participate in upcoming developments such as the unrolling of RWAs, AI agents, and more.
Stay in the loop for details on how to get $BRLN and where it will be traded, starting with MEXC, by the Brillion community on X or Telegram. And if you’re a previous $DUA holder, you’ll soon be able to claim your 1:1 allocation of $BRLN.
As many of you know, Brillion started as part of a project on the Fundrs platform. The community in Nexera was initially drawn to the potential of Dua as an app for making connections based on web3 technology.
Over time, Dua and Brillion’s wallet functionalities have become separate entities. Now we’re branching out to ensure that Brillion counts with its own native token that is completely independent.
The main reason for this, however, has to do with Brillion’s future. The vision for Brillion is to create the interface for connecting traditional finance with digital assets.
Brillion has already worked to deliver important benefits to users in the form of state-of-the-art protections based on biometrics and sophisticated social recovery. More so, it counts with seamless integration with today’s banking systems and easy KYC.
These are only the groundwork for what comes next. Brillion is now focused on building out the interface for the most important web3 use cases. These include the tokenization of real world assets and the use of AI features in web3 wallets to boost their online financial life.
In this next phase of development for Brillion, the wallet will leverage the developments of the past to create a safe, robust, and secure web3 wallet that does for web3 what the Mac did for PCs, what Hotmail did for email, and what Netscape did for browsers.
But we’re not leaving our previous token holders behind. Owners and stakers of $DUA will find that not much has changed for them. We’re opening a claim portal where you will be able to seamlessly get your allocation of $BRLN equivalent to your previous holdings of $DUA.
$BRLN will share the same tokenomics and benefits that $DUA had. Namely, $BRLN will allow holders to benefit from:
Before the new token is live, we have a special treat for our loyal supporters: two special $DUA staking campaigns for the chance to earn accelerated $BRLN rewards.
The two staking campaigns will go live on Wednesday, September 4, 2024. One of them will be for 90 days, and the other will require locking $DUA for 180 days.
If you decide to participate in the first campaign, you will be receiving 1.25x in $BRLN tokens at the end of staking, and if you opt in for the 180-day campaign, you will be getting 1.5x in $BRLN.
You will be able to stake on Ethereum and Avalanche.
Both campaigns will be available only on swap.brillion.finance - please be aware of the swapping portal URL and double-check it before you connect your wallet to avoid any scams!
Here is a the $DUA > $BRLN Staking Guide [Step by Step Tutorial]
You will only be able to stake in these two exclusive campaigns by October 6, 2024 so if you intend to participate, make sure to join early.
$DUA holders who miss the window for participating in the two early-bird staking campaigns will be able to swap their tokens for $BRLN after October 7, 2024 for a 1:1 ratio. We will be sharing more details on this soon.
If you hold your $DUA on the MEXC exchange, you will not need to take any action. Three days before the token release, on October 4, 2024, we will take a snapshot of all $DUA tokens held on MEXC accounts and these tokens will be automatically replaced by $BRLN.
Make sure to join Brillion on X or Telegram to be the first to know as we release more details about $BRLN!